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CNBC
Oct 5, 2012 7:00pm EDT
cooking? >> 7.8% unemployment. is this magic number of president obama for real or was it cooked? good evening, i'm larry kudlow. this is "the kudlow report." team obama doing a victory lap, rejoicing over the 7.8% victory lap. my guest, jack welch, is questioning whether the numbers were cooked to help president obama. mr. welch will respond live and talk to me in a moment. this whole thing comes as the romney roll continues. scott rasmussen has three polls showing a dead heat in battle ground states, hai, virginia, florida. even the liberal magazine "the new yorker" sees it on their front cover, mitt romney pulling a clint eastwood, debating an empty chair. first up, it was the tweet that was heard around the world. my good friend jack welch set off a social media firestorm. take a look at his tweet. "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers, end quote. he's chase by accusing the white house of skewing the data to help president obama. earlier on cnbc, u.s. labor secretary fired back with this response. please take a listen. >> th
CNN
Oct 5, 2012 4:00pm PDT
since president obama took fi. we'll tell you why that number matters and why it might not matter that much. plus, the fight over the middle class. mitt romney makes a sudden appeal, but is it going to work? and new questions about the security in libya after terrorist attacks there killed four americans. tonight, the state department rejected a security request. let's go "outfront." "outfront" tonight, the war over work. a new jobless number and renewed claims from both presidential candidates about what it means. first, president obama saying it is a very, very good sign. >> this morning, we found out that the unemployment rate has fallen to its lowest level since i took office. >> the old rate, 8.1%. the new number, 7.8%. that's the best since barack obama took office and it's certainly positive news for his re-election hopes because no president has been re-elected with an unemployment rate above 8% since roosevelt in the 1830s. erin herself has made this point many times. >> the unemployment rate may be high, but the the absolute number is not what matters when it comes to getting
FOX News
Oct 5, 2012 6:00am PDT
like the race was over. and obama's numbers in the battleground states were so superior to romney's why give money? this debate indicated to them, yes, romney can win. it had immediate effect on fund-raising. the spigot just opened. i think it will have effect on the poll numbers. we'll see. another one of these debates though --. bill: sunday morning, sunday morning when we first get the wave of polling after debate number one. wish we had more time, tucker. thank you. >> thank you, bill. bill: speech in denver 2008, that was 5,000 feet also. >> hilarious. bill: later. martha, what's next? martha: new developments coming up in a criminal investigation into alleged voter fraud in a critical swing state. this is exclusive fox interview with the head of the company under suspicion speaking out. bill: also flights canceled. why one of the nation's biggest airlines was ground and has grounded nearly 50 airplanes. martha: fasten your seatbelt if you can find a seat to buckle. american airlines seats being taken out of the plane. they canceled dozens of flights. they're scrambling to fix rows
FOX News
Oct 5, 2012 4:00pm EDT
listen to both governor romney and president obama on the trail spinning their number. >> we found out the unemployment rate is to the lowest level since i took office. more americans entered the workforce, more people are getting jobs. >> the truth is, if the same share of people were participating in the workforce today as on the day the president was elected our unemployment rate would be around 11 percent, that is the real reality of what is happening out there. if you add the people they say left the workforce, which, by the way, they are not calling every person but estimating that number, if you add that back in, governor romney is right, it seemed to be in excess of 11 percent. >>guest: the number has a lot room in it and it came out very favorably just .1 percent below when the president took office. now, i was born in salem, massachusetts, and i don't know all the ways that the fancy folks in washington, dc, do it, but this is a funny thing to have happen. it is not because i'm -- those that don't like to agree with me that i am old and senile but it is about asking questions
CBS
Oct 4, 2012 5:30pm PDT
same question, mr. obama's number went up as well, from 53% to 69. that was small consolation, though for a president whose debate performance has shaken up his campaign. we have reports tonight from our campaign 2012 team, and first, we'll go to nancy cordes, who is whvering the president tonight. nancy. >> reporter: scott, even desccrats are describing the president's performance as lack luster, and listless, and the campaign acknowledges it is ining to have to reexamine its debate strategy. mpt on the campaign trail today, the president was in cleanup mode, trying to turn the tables on a triumphant mitt romney. >> when i got on to the stage, i tet this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. >> reporter: supporters like darrion wilson wondered where that president obama was last bamat. >> i was wanting him to have >> more enthusiasm in his enters and hit back a little more. i felt like
ABC
Oct 5, 2012 4:30am EDT
picked romney by a 51- 45% margin over obama. today's numbers will be especially scrutinized because after this there is just one more jobs report expected before the november election. in washington, i am emily schmidt. >> the job report the numbers are due out by 8:30 this morning. >> claims are up about 367,000 americans filed for first time unemployment benefits last week. that's 4,000 more than the week before. those numbers are important because they serve as an indicator to how healthy the job market is overall. >>> in news around the nation this morning, drivers in california are getting a shock when they fill up at the pump. gas price we up more than 8 cents from wednesday to thursday. some customers paid more than $5.50 a gallon for regular unleaded they blame refinery outages for the spike and according to aaa, the national average for a gallon of regular gas is 3.78. gas prices in southern california are about 57 cents higher than the national average. >>> a couple in utah say they let five people in their homes believe they were police officers but they were robbers. pol
KRON
Oct 4, 2012 5:00pm PDT
sacramento. so remember this number. thirty-eight. t >> president obama is trying to rebound after the debate with romney. we will tell you what happened and what he is doing the day after we return. ñgñg >> now 5:30 p.m. we are talking with kron 4 as political and less about how this debate is changing the race for the white house. there is a whole new dynamic. mitt romney did great at the debate and president obama is trying to rebound. >> this is one of mitt romney son after the debate. how did dead do yesterday?. >> the president had a few good lines. >> it has been months since you the ride on this tax plan. now five months before the election you are stating never mind. >> president obama came out strong and responded. >> i have been in business for 25 years and i have no idea what you are talking about. >> critics say that obama seemed to meet and that he took too many punches. today the president was trying to rebound and he accused romney. the fellow less i say that he had no clue about that. >> and the crowd and the canada its. i know this will be a close battle and i need
CNN
Oct 5, 2012 6:00am PDT
hours of "newsroom." as the day rolls on, president obama and mitt romney will likely spin those numbers, romney likely to say that the president's plan is not working and the president likely to say my policies are working. it just takes time to heal this economy. underemployed and still struggling, under their mortgage. part of our middle class talk back. welcome, moira. >> good morning, carol. >> we make a big deal of these numbers every month. do you pay attention to them? >> yes and no. i'm actually tired of the pundits tell iing me what to thk and what's going on with the numbers. i just want the employers to start hiring. what i've heard out there is that there are jobs, but being a part of the underemployed or the ones that are really trying to find something a little bit more, the challenges, it's taking months and months of interviews and waiting. and i'm just so frustrated that it's -- >> so this 7.8% unemployment rate, does that affect you at all? does that do something psychologically for you that says, oh, my goodness, the economy is getting better? >> no. no. it says that,
FOX News
Oct 5, 2012 3:00pm PDT
numbers since president obama has taken office and there you see kind of the track. and we are september 12 there at the end. and headed in the right direction if you're president obama's campaign politically, but what about inside the numbers economically. let's bring in our panel, steve hays weekly standard. charles lane, washington post and syndicated columnist, charles krauthammer. charles? >> well, the numbers are tricky because when you get a drop in the rate and then you get this anemic job-- anemic increase in the numbers of jobs, they contradict each other. the reason that you can these contradictions, each of them comes from a completely different survey. the anemic rise in new jobs comes from the survey of employers and it's a huge and vast survey. where one out of every three employers is collected. whereas the unemployment rate comes from the survey of households where it's only 6/10 of 1% of 1% of all households are being surveyed. so, you've got a very small sample. it doesn't mean that one is right and the other is wrong, but it could mean that the second one where you ha
FOX News
Oct 5, 2012 6:00pm EDT
obama better watch out for the november unemployment number. >> two days before the election. >> two days before the election and we should all hope, i don't want to be misinterpreted, that unemployment does in actuality keep going down. >> and chuck is exactly right. that's why this is short-term, obviously, good news for the president, but can go around and say what he said today. this is the lowest rate since he's become president, but the possibility, if you believe as i do, and as people a lot smarter than i do, that this is some kind of a statistical anomaly, the likelihood of some kind of necessary correction, just days before the he election is significant. i mean, if you go back and you look at the household number which generates the rate you're talking about, a potential jump in employment of 873,000 jobs, which we haven't seen, would be the single greatest one in three decades in this time frame, that is virtually impossible for the reasons that these two gentlemen have suggested and-- >> and shorthand for folks at home. because they're characterizing what the definition
CNN
Oct 5, 2012 9:00am EDT
president obama last time around. these numbers, combined with president obama's debate performance -- have you changed your mind about the president, in support for the president? >> i have not change d my mind. i do still support the president. he really had an off night the other night. and governor romney did a good job, for what he needed to do. but i also went the next day on to fact checker and looked at the reality of what they both said. and there was discrepancies on both sides. you know, more discrepancies on romney's side. so i don't trust governor romney. i trust the president a lot more than i trust governor romney. >> okay. we're going to talk a lot more about this in the story, moira, but i'll ask you right now, that 47% remark that mitt romney made with that secretly recorded videotape, he came out and said i didn't mean that at all. it was a mistake. never mind. don't pay attention to that. does that resonate for you? >> i'm so glad you asked that question, carol, because in the past 14 months my husband was unemployed. he just got a temp job tuesday. and we were d
CBS
Oct 5, 2012 12:00pm EDT
wednesday night's debate. president obama responds to new unemployment numbers that dropped to 7.8%. the lowest in four years since president obama took office. >> this is a choice not just between two candidates or two parties, but a choice between two fundamentally different visions for america. and today, i believe that as a nation, we are moving forward again. [ applause ] we're moving forward. cheer [ cheering and applause ] now after losing about 800,000 jobs a month within i took office -- when i took office, our businesses have now added 5.2 million new jobs over the past two and a half years. [ cheering and applause ] >> reporter: now before the debate, the president had a very slight lead over his opponent in the commonwealth. the battleground state of virginia. the question is, can he maintain that slight edge between now and november? back to you j. c.. >> thank you surae. >>> well, bedbugs are causing headaches for students at the university of maryland. the pests are spreading through parts of building 7 at the south campus commons dormitories. the company that manage
ABC
Oct 5, 2012 4:00am PDT
five, i live with my mother-in-law. what do you want from me? and the number one president obama excuse. it's bush's fault. >> and you have to wonder what "saturday night live" will do this weekend. >> can't wait. looking forward to it. >> that's going to be good. >>> that's what's making news in
ABC
Oct 5, 2012 5:30pm EDT
debate over the latest jobs report. how romney and obama are spinning the number. >> fans of 30 rock. what alec baldwin tweeted. barnhill: you hear a lot of talk about question seven... so let me tell you what i know: if question seven passes, my company's going to... bring table games, like blackjack and poker... right here to baltimore. a twenty-five million dollar investment... that'll create five hundred new jobs. all right here. today, marylanders are spending $500 million gaming... in other states. let's keep it here. i'm chad barnhill, and we're ready to build right here. we're ready, and it's real. and all that has to happen... is question seven. >>> take you down into enemy territory in dallas, texas, where we have been watching the skies. clouding up a little bit, changing weather in the lone star state for the big game. it looks like winds will be shifting around. we'll see temperatures dropping from the 70s to the 60s. here is the first pitch forecast. 72 degrees. mostly cloudy skies, winds five to 15. that will allow temps to drop. you can see a hit or miss shower. at le
NBC
Oct 5, 2012 11:00am PDT
: the unemployment rate delivered president obama a preelection gift. the number of people without jobs fell to 7.8%, marking the first time it's been below 8% during obama's presidency. >> there's still that willingness for all of us to see that more people are put back to work, but in this particular report, i'm happy to see we see a continued growth. >> reporter: employers added 114,000 jobs in september and 86,000 jobs that hadn't been accounted for in july and august. the numbers shocked analysts who predicted the rate would stay around 8% and possibly grow. >> this is a big report. >> reporter: presint obama called the september report proof the economy is improving under his policies. >> we made too much progress to return to the policies that led to the crisis in the first place. i can't allow that to happen. >> reporter: mitt romney continued his argument in tv ads launching today that the recovery is too slow. >> i have a plan to create 12 million new jobs. >> reporter: they pointed out the new numbers of jobs created has been decreasing since july. >> that number has to grow.
CBS
Oct 5, 2012 6:00pm EDT
trillion dollar deficits under president obama. however, the number is a bit better from the 2011 deficit. that was $1.3 trillion. >>> a big drop in revenue for the first casino to open in maryland. lottery officials announced the hollywood casino took in $5.9 million. that is down about a third from last year. but, casinos in anne arundel county and ocean city took in $32 million and $5 million and those are 5% increases. expanding gambling to include table games and perhaps adding a sixth casino in prince georges county are on the ballot come november. >>> the question of legalizing same-sex marriage is on the ballot in maryland next month and weeks after one of the baltimore ravens linebackers made headlines with his support of that referendum, another player is speaking out against it. >> i'm ravens center, marriage is not easy. but it has lasted throughout the ages as an honored institution because it provides unique foundation for societies and children. marriage is more than what adults want for themselves. it's also about the next generation. marriage is and should remain
CBS
Oct 5, 2012 6:30pm EDT
election day. as you might expect, president obama and governor romney saw these numbers quite differently and we have two reports tonight. first, nancy cordes covering the president and she's in cleveland. nancy? >> reporter: scott, you could practically see the relief on the president's face today and not just because this news helped to change the subject from his shaky debate performance. high unemployment has been an albatross around his neck the past four years. today he mentioned the drop not once but twice starting at virginia. >> this morning we found out that the unemployment rate has fallen to its lowest level since i took office. (cheers and applause) more americans entered the work force, more people are getting jobs. >> reporter: around steady rain in cleveland where president obama shared a coat with the supporter who introduced him, he made it clear to a crowd of 9,000 that he understands there's still a long way to go. >> there are too many friends and neighbors who are still looking for work. too many families who are still struggling to pay the bills. and they were strug
FOX News
Oct 5, 2012 2:00pm PDT
number is so important to jobs, to various campaigns, isn't it smart to have obama donors in as economists in the department of labor statistics? >> and let me tell you, there's no law against giving money. these are not major-- you're making it out like somehow george soros is running the department. ridiculous, eric. >> and you attacked me on something about the-- >> the confidence has been going up for months, this is not something that's based on-- >> i think two statistics that do matter in here to people. whether or not they would pay attention to them. one is the participation rate. >> yes. >> you have that few people, the lowest it's been since 1962. >> let's look at why that is. because more people close to retirement age are deciding that they-- >> that's been debunked several times. >> they're unemployed and-- >> no, no, no, they're taking early retirement and deciding you know what? >> and the line that bob beckel tried to use and it actually does not pan out and the second one is that take home pay is not keeping up with inflation. and inflation is higher so that th
KOFY
Oct 5, 2012 11:30am PDT
accused the obama administration of manipulating the numbers for political gain. >> there are always charges of manipulation on either side that's conspiracy thinking. >> reporter: the bureau who put out the jobs report are infrom the political process some republicans say welsh was way of base. karen traver, abc news, washington. >> american airlines cancelled a flight this morning as part of ongoing problems with seats. the flight was scheduled to takeoff 6:40 this morning the airline taking 44 flights out of service to fix the seat problems. 50 flights were cancelled yesterday. american ys wear, poor design and spilled soda can cause seats to pop loose during the flight. this adds to the troubles. >>> health officials in contra costa county holding a news conference this morning concerning an east bay man who died from rabies although paced away overseas he may have contracted the disease close to home. laura anthony is in martinez. what are the health officials saying? >> reporter: they say this ma did contract rabies he in contra costa county. sounds like a prime example of what
MSNBC
Oct 5, 2012 6:00pm EDT
numbers. and laura igraham says, job numbers from labor secretary hilda solis are total pro obama. congressman allen west challenged the numbers, quote, chicago style politics is at work here. and, of course, rush limbaugh took time to get unreal. >> it's no different than obama declaring the temperature is going to be 75 degrees every day no matter what your thermometer says. >> that's the problem with the right and that's the problem with governor romney. ey can't stand the truth. things are getting better. joining me now is joan walsh, editor at large for salon.com and an msnbc political analyst. and e.j. dionne, columnist for "the washington post" and an msnbc contributor. joan, let me start with you. what's behind these conspiracy theories? >> they just don't want to accept the realities that the president has made things better, reverend al. i think you forgot one. rush, when hurricane ivan was -- rush accused president obama of messing with the weather or the weather service. i'm not sure which. they impute all of this power to him. it's dark power. it's evil power. because
FOX Business
Oct 5, 2012 7:00pm EDT
suspicion is that that's a very impressive number by president obama, and while he was, in essence, his cash on hand began to dwindle starting in may had he spent all the money on tv, this is going to get way in the weeds, but it's very important. if you're obama or romney, the money that you have in your own campaign treasury is the money most easy to spend with the biggest impact, and you're guaranteed, if you're obama or romney in getting the lowest unit rate, the lowest cost for the a tv spot buying from a tv station. outside groups like american crossroads have to pay a premium. president obama spends a dollar, we have to spend more than a dollar to get the same weight of television. a lot more of romney's money is found in the wallet of the republican national committee, and smaller money is found in the democratic national committee. what's that mean? if you use money from the democratic or republican national committees, you have to use what are are called combo ads in which you not only mention obama, but also democrats, or not just romney, but other republicans. it weaken
MSNBC
Oct 5, 2012 3:00pm EDT
people were looking for work today as when mr. obama became president, that number is consistent with my computations. it's important to recognize that this month the household survey for which unemployment rate is computed as opposed to the jobs count and enterprises indicated that about 800,000 people found jobs. that's about 6% increase in the number of people employed, which is an absurd number. no one can believe we have a 135% annual growth rate in employment with the economy growing so slowly. what it appears is a lot of folks out of work have established home-based businesses and they're working on some kind of part-time basis. a reporter that lost his job working as a stringer or something. i don't view the 7.8% as encouraging at aall. >> we've been talking the last few weeks about poll truthisms. maybe not accepting they're ahead in the poll. today we learn about something to call bls truthism where we have republicans and romney supporters openly saying there's numbers are cooked. i want to put a couple tweets on the screen from earlier today. jack welch said unbelievable job
FOX Business
Oct 5, 2012 9:20am EDT
. stuart: they don't believe the numbers. they think it's oh so convenient for the obama administration. what do you say? >> stuart, stuart, i'm going to tell you something. one of-- let's get serious here. our status stigses in washington d.c., i'm not saying they can't play a little bit at the margins, but we've had a declining unemployment rate and a growing economy for almost three years now and if people don't believe the-- i think one of the reasons people have a problem believing the numbers, they bet so heavily on really bad economy, i think. stuart: brian, wait, wait. i know what you've been saying, i know what you've been saying. >> the unemployment rate to be below #-- >> the reason why the unemployment rate has come down is because god knows how many millions of people have dropped out of the work force and now, suddenly, oh, how conveniently, in the month of september, 873,000 of them come right back in and say, i got a job. what's with that? >> well, okay, there's two surveys, i mean, if you really want to get in the weeds. stuart: i do. >> the household sur
NBC
Oct 4, 2012 5:30pm PDT
the obama campaign tried to react. number one, they put out the first tv ad calling mitt romney dishonest. david plouffe, the senior strategist for the campaign and, of course, inside the white house, used the word "dishonest" or not being honest nearly a dozen times when briefing reporters this afternoon. so they're trying to put the focus on mitt romney and saying hey, he gave a great performance, but wasn't exactly honest. we'll see. it was rally therapy out here though, brian. he did have 30,000 people show up in madison. >> chuck todd, peter alexander with the view from the trail, wrapping it up for us tonight. gentlemen, thanks. >>> we have two big and still developing stories tonight having to do with how we all get around. on the east coast and the west, beginning with new troubles for american airlines. and for that, we want to go to tom costello. in our d.c. bureau. tom? >> reporter: hi, brian. american airlines is tonight saying it is going to ground all 48 of the suspect 757s that had those seats that were coming disconnected. many of them are in the air right now. t
ABC
Oct 5, 2012 4:30am EDT
. >> president obama could have new worries today when thejobs numbers are released. economists predict it could go to 8.2%. >> an estimated 67.2 million people watched the debate between the president and mitt romney. that would be the largest television audience for presidential debates since 1992. president obama and mitt romney are set for two more debates. stay with abc 7 for continuing coverage of the presidential race. we will also have the latest information online at wjla.com. >> one of the men charged with killing an arlington health club worker scheduled to be sentenced today. roger clark pleaded guilty to first-degree murder in january. he was charged with stabbing carl diener to death as he worked to work in december 2009. clark's cousin is also charged in the murder and is scheduled to go on trial later this marked. a former parking charged with scam and parking fees the smithsonian museum in chantilly is expected to plead guilty today. he and two other people stole at least $400,000 from the facility. it started in 2009. another former attendant pleaded guilty last week. >> a spec
MSNBC
Oct 5, 2012 7:00pm EDT
now, it's his attitude towards obama, and i think he's shocked that the number looks so good. he doesn't want it to look that good. this number is going to help the president. >> absolutely. so it's pure political. you shouldn't be then -- you're right, for an experienced business guy who people listen to and look to, to cast that kind of a ridiculous aspersion is actually quite damaging and shouldn't be done. let's talk about the number. >> how good is this news today? >> how good is it, did you say? >> yes. >> it's good news. it's not over the moon good news, but it's good news. i think you have to look at the payroll survey. there i think you see an acceleration of job growth, and, by the way, welch has a point. you should never take one monthly number. if there's a germ of something in there, you should never take one monthly number. you should average. if you look at the past three months, payrolls have been growing about 150,000 per month compared to about 67,000 per month in the prior three months. so that's a bit of an acceleration. a little momentum on the unemployment r
MSNBC
Oct 5, 2012 4:00pm PDT
, number one. number two, we saw obama do the same thing, albeit earlier in the process. he was to hillary's left. he brought it around, started quoting reagan in the fall sounding very reaganesque. this is what the politicians need to do because that's where the votes are. >> but your party has gotten so much domination by the tea party and the neo cons you almost have to sign on the dotted line. you have to sign down here no taxes. >> it doesn't matter what you sign -- >> it doesn't? >> at this stage of the game it doesn't matter. i'll tell you why. all those folks can vote for romney, and he still needs those conservative democrats -- >> i have a theory that the people hate obama so much on the right, cynthia, and perhaps center right, they hate him so much they want to have this guy go to the center as long as he wins. your thoughts? >> that's absolutely true, chris, because people like karl rove and billy crystal know that mitt romney is an empty suit, and they can push him around if he wins the presidency. you know that old saying if you stand for nothing, you won't stand for
Current
Oct 5, 2012 3:00am PDT
economic numbers. hopefully we've got good news. >> obama could use some good news. >> america could use some good news, but obama could really use some good news this week. >> but first . . . >> announcer: this is the "full court press." >> on this friday some news you need to know good morning america is starting a big change, ann romney will sit alongside dave so cohost the program. nbc also in discussions with first lady michelle obama. >> that would be nice. ann romney she is running for first lady along with her husband, although mitt romney did say one time that he didn't want to see too much of her people might get a little tired of her. >> a record night on twitter during wednesday's presidential debate, they set a record 10.3 million tweets were fired off during the debate. the highest point was jim lehrer said let's not when mitt romney wanted to move on to another topic. >> ben knows this because he head all of those tweets. >> exactly. there were people all over the country talking about his tweets. we'll talk about that story later. >> and john travolta and olivia
MSNBC
Oct 5, 2012 5:00am EDT
critical snapshot of an economy that's been stuck in low gear. >> whatever the numbers are, the romney campaign is going to cite them as evidence that president obama's policies are failing. >> the president is trying to convince people he's doing real well. he is not. >> reporter: building on a momentum of wednesday night's debate, romney's trying to reverse his stance in battlegrounds like ohio where he's fallen behind. >> china has passed us in manufacturing. >> reporter: the president argues republicans are offering nothing new. >> it's not plan for our economy. it's not a plan to strengthen the middle class. it is not change. it is a relapse. we're not going to do it. >> reporter: the latest jobs report, cold, hard facts, certain to be the subject of heated debate. economists expected the economy added a less than stellar 115,000 jobs last month. the next jobs report comes out just four days before the election. >> will be an important one. all right, brian. thanks. >>> now here's your first look at some of the other news going on around america today. we're going to begin in new
PBS
Oct 5, 2012 4:00pm PDT
obama use these better than expected job numbers to recover from a lackluster debate? >> yes, and i think he is depending on it. it is not so much the exact 10th of a percentage point that makes a difference to people. it is how they feel about the figures. are they less worried now about losing their jobs, losing their health care perhaps, unable to pay off their college loans? do they feel more confident or less confident? do they feel the country is heading in the right direction or the wrong direction? naturally, do they feel that president obama is doing a good job or a bad job? these figures set things on a good path. it is hard to see this as bad news. >> mitt romney has based his whole campaign on the economy being weak. how does he respond? >> weekly. . we -- weakly. in every speech so far, he has said unemployment has been above 8%. that was his best line, and it was true, but now he cannot say that. what i imagine he will say is that these are not the true figures. the unemployment figure does not include those people who have given up looking for jobs, and there are mill
CNN
Oct 5, 2012 1:00pm PDT
states as well, those we'll see state number two. the obama campaign will celebrate this new national number. here's the key question heading into the battleground states, in colorado where the race has gone up, nevada where it's gone up, essentially flat in new hampshire and north carolina, how does this new national number no question good for the president play out in those states? >> john, both candidates obviously reacting to the jobs report today. governor romney saying this isn't a real recovery. we need more job growth. that's what he says. the president says it's a reminder that the country has come very far so far and he's not going to be turning back. so who's right? >> again, it depends on your perspective. the job growth is not as robust as either candidate would like. you need essentially 150,000, some economists say close to 200,000 jobs a month to keep a flat line and begin to turn the rate down more. look at some of the other data. if you look here's job creation. remember, this is the end of the bush administration, early obama administration, the economy wa
FOX News
Oct 5, 2012 1:00am EDT
important to focus on. number 1, obama agreed there was no difference between them on social security. and obama agreed that neither of their medicare plans would hurt existing elderly or anyone about to retire. they disagreed on the $716 million that obama caught current retiree, but the medi-scare and the social security scare tactic can't be used because obama stipulated that that won't be a problem. i think by failing to raise the 45%, the cayman islands and the tax return and the bain capital, obama was basically conceding that those are not legitimate shots. how can you spend $200 million advertising to push these facts and then when you confront the guy, you don't mention them? >> greta: you see -- i actually thought that that was smart because he looks like he is above this. that he is more presidential. and he leaves the dirty work to somebody else and doesn't have fingerprints on it, if they are done in campaign ads and certainly, pac ads, rather than his own campaign. >> that's the point, greta. it's the president says this is not worth dignifying and making it an issue, th
ABC
Oct 5, 2012 11:00am PDT
twitter storm this morning when he accused the obama administration of manipulating the numbers for political gain. >> there are always charges of manipulation on either side that's conspiracy thinking. >> reporter: the bureau who put out the jobs report are infrom the political process some republicans say welsh was way off base. karen travers, abc news, washington. >> american airlines cancelled a flight this morning as part of ongoing problems with seats. the flight was scheduled to takeoff 6:40 this morning the airline taking 44 flights out of service to fix the seat problems. 50 flights were cancelled yesterday. american says wear, poor design and spilled soda can cause seats to pop loose during the flight. this adds to the troubles. >>> health officials in contra costa county holding a news conference this morning concerning an east bay man who died from rabies although paced away overseas he may have contracted the disease close to home. laura anthony is in martinez. what are the health officials saying? >> reporter: they say this man did contract rabies here in contra costa
FOX Business
Oct 5, 2012 5:00pm EDT
is persuade people to leave the labor force. mr. obama managed to drive down number of adults that want a job. that is a great way to drive unemployment down. i would think the other guest would consider that. melissa: gary, last word before we go. >> look the employment rate has risen in last few months. there is no doubt about that. i don't understand this labor force participants rate idea. yes the participation rate is lower when the economy was expanding strongly. yes, that's true but the fact of the matter is, employment has been rising over the last three years, period. it is just not rising fast enough to put a big a dent in unemployment rate as we would all like to see, period. melissa: gentlemen, great discussion. thanks for coming on. have a great weekend. >> bye-bye. >> take care. melissa: forget "carmageddon". people in california may not be able to drive in the first place. you remember we told you yesterday how pipeline and refinery shutdowns have caused a spike in prices and even a gas shortage in the state. well, get this. the average price of a gallon of regular g
FOX
Oct 5, 2012 6:00pm EDT
unemployment numbers dropping and -- for wednesday's debate. if for president obama, it was a much needed shot in the arm. >> this morning, we found out the unemployment rate fell to its lowest levelness is i took office. >> reporter: -- level since i took office. >> reporter: the president held up the new 7.8% unemployment rate as proof that his policies are working. >> and today's news is not an excuse to talk down the economy to score political points but a reminder the country has come too far to turn back now. >> reporter: across the state, mitt romney casts doubt on the numbers. >> the truth is if the same share of people were participating in the workforce today, on the day that the president got elected, our unemployment rate would be around 11% and that is the real reality of what is happening out there. >> reporter: the president's fairfax speech had been aimed at the women issues. >> and i don't think a working mom in arlington should wait to get a mammogram because money is tight. i don't think a college studentsho should have to choose between text books or the prevent
FOX News
Oct 5, 2012 11:00am EDT
sort of change that debate narrative and obama won it and then these numbers come out, people already starting to talk about the race being over. i think it would be even more significant. so just really points up how big that debate performance of romney was to overcome all this news that's been working against him for a while now. jenna: that is interesting painting that other scenario if it didn't happen that way but it did. in the news cycle over next several days, does it wipe out the debate performance by the president because these new numbers look more positive than expected? >> doesn't wipe it out. romney would much rather have these 8.3 and rising and the 7.8% does talk, let him talk about you who the recovery's moving apace. the more significant thing, jenna, though is what the polls were saying before any of this. suddenly we were seeing 57% of americans starting to say that they thought the country was in recovery. only 43% thought it wasn't. there is a real feeling out there, for whatever reasons that the economy is recovering. this little piece of news here may
ABC
Oct 5, 2012 5:00am PDT
report the unemployment rate dropped to 7.8%. that is the exact number when president obama took office in january of 2009. the number dropped because more people found part-time work. we expected the unemployment rate to inch up slightly. the unemployment number is worth watching closely, one more monthly report that comes november 2nd, four days before the presidential election. trading stocks gain yesterday weekly jobs report showing unemployment claims climbed by less than expected. how would you like a stwrob with your latte? starbucks hiring 20,000 over the next fife years as it opens 1,000 new stores. those -- knows currently working at starbucks, --. >>> before you pour another cup of coffee this morning, new study links too much coffee to a loss of eyesight. researchers phone people who drank a lot of coffee had a higher risk of developing a type of glaucoma. people who drank three or more cups of caffeinated coffee, per day were up to 66% more likely to develop the eye disease which can lead to blindness. researchers think it may be due in part that calf between increas
ABC
Oct 5, 2012 6:00am PDT
almost exactly what economists predicted. there's some dispute about those rosey numbers. an analyst says, the number of household surveyed in this report was double normal. he believes that contributed to the drop. and we have ge's former ceo tweeting this morning the obama administration manipulated the numbers to take advantage of them. investors, positive on wall street seems to be muted. dow up 46 points s&p fast in the -- s&p and nasdaq in the green. zynga shares down 20% cut forecast for key metrics good predictor of future bookings. zynga makes most of its money selling the virtual goods the players use and struggling with slower growth as users spend more time on mobile devices. have you don't your holiday shopping yet? survey says 40% of bargain hunters are already doing holiday shopping. more than 70% of early birds have a dismal view of the economy. many worry about being able to make purchases in the coming months. live at the new york stock exchange, i'm jane king. >>> hrar is in for mike. cloudy start again. >>> a little mix from our roof camera, pretty sunrise if you
MSNBC
Oct 5, 2012 2:00pm EDT
wednesday's debate. what does your gut tell you? do the september job numbers erase president obama's performance at the debate in your opinion? take a look what the "news nation" said about yesterday's gut check. does wednesday night's debate reset mitt romney's campaign. 11% said yes, 89% said no. i'm sorry for the laughter, but someone made an abrupt move behind me and it scared me. i don't know what's going on. it's friday for the "news nation." thank you for joining us all week long. we're uploads new pictures from behind the scenes. go to our tumblr page and ush watch "news nation" every day at 2:00 weekdays. "the cycle" is up next. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>> i'm toure. the unemployment r
CNBC
Oct 5, 2012 4:00pm EDT
something that president obama is going to tout. if you look underneath those top line numbers, we see that the rate of job growth is decelerating, not accelerating. that's a bad trend. you have a lot of people who are now counted as employed who actually took part-time jobs when they were looking for full-time jobs. and we continue to see people taking themselves out of the labor market. they're just giving up. we see manufacturing jobs now declining. so there's a lot of tough stuff underneath the headline number, but politically speaking, president obama is going to trump at the headline number, and mitt romney will try and talk about the fundamentals, and i think the facts are on governor romney's side, actually. >> so from one conspiracy to soot. we want you to listen to this. sticking with the economy and jobs, listen to what governor martin o'mally had to say about why things are not moving in the right direction. >> they want to slow the economy before the election. if you don't believe that, then i have a bridge i want to sell you in brooklyn. that is what the republican obstruction
MSNBC
Oct 5, 2012 12:00pm EDT
reported. needless to say, those numbers put a certain pep back in president obama's step. >> more americans entered the work force, more people are getting jobs. now every month reminds us that we've still got too many of our friends and neighbors looking for work. today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> needless to say this ray of economic sunshine is punting a dent in governor romney's plan to end the week on top. how is the republican nominee reacting spinning away saying quote -- >> but other obama critics, perhaps furious that good economic news might derail the romney swagger, instead they opted for conspiracy theories regarding the satitions behind the unemployment numbers. former chairman and ceo of ge jack welch tweeted -- welch was backed in his theorizing by master of the outlandish alan west who wrote -- this is orwellian to say the least and representative of saul au lin ski tactics from the book rules for radicals" a must read for a
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